WeBuyCars owners, Transaction Capital, saw their share price deflate over 40% in early trade as its taxi business faces structural problems.

News
How one major landlord is using solar and batteries to power its malls
Retail landlord Resilient says by the end of 2025, 39% of its energy use will be green, with a plan to have this above 50% by 2027.
Business launches R100m fund to support technical work on energy crisis
Big business has come up with R100 million for a Resource Mobilisation Fund to fund the activities of the government’s National Energy Crisis Committee.
Reports confirm Cape Town as business relocation destination
You only have to be hit by load shedding and a fibre outage at the same time to appreciate how tough it could become to keep business services up.
Visa chaos at Home Affairs causing major headaches
Failure to get foreign internationals their working visas issued correctly and timely has made SA a less investor-friendly country.
Beyond the headlines, glimmers of hope
Business is under no illusion about the scale and urgency of the problems SA faces, Eskom being just one of them.
SA SMEs optimistic about revenue growth and new investments in 2023
SA SMEs optimistic about revenue growth and new investments in 2023 Despite severe challenges, businesses in...
BlueRock subsidiary Kareevlei enters into voluntary business rescue
BlueRock subsidiary Kareevlei enters into voluntary business rescue The board of Aim-listed BlueRock Diamonds’...
Railways and ports exempted from power cuts under state of disaster
The government has published the state of disaster regulations, exempting critical infrastructure
There are still ‘reopening trades’ out there
Where companies are in better shape than before the pandemic…
Administration as a mechanism for reviving stalled real estate projects
Business rescue offers distressed real estate companies an opportunity…
Nampak, ‘Beware the Ides of March’
Are your shareholders and lenders all on the same page in this very tough macroeconomic environment?
The cost of keeping SA Inc’s lights on
The JSE’s R220bn real estate investment trust (Reit) sector, whose earnings are already squeezed
‘Hydrogen Valley’ in South Africa could be a $9 billion light in the growing dark
While ‘Hydrogen Valley’ may not necessarily provide immediate direct support
Business has a powerful role to play in fixing SA
What’s the quickest way South Africa can become a competitive and successful nation?